If anybody want to take a part in expert advisors competition on real accounts I'll translate the rules. Now the rules are here in russian:
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The article describes the usage of virtual trading as an integral part of trade opening filter.
I would like to participate, but I cab't read russian. Is there an english version?
Thanks for attention.
I'll translate all the information in 1-2 days.
Offer to take part in the competition experts.
Each round of the competition lasts one week or one trading session from 0:00 GMT Monday to Friday 23:00 GMT.
Applicants must be allowed counsel in the format *. mq4, or compiled in a format *. ex4.
For compiled advisers on the following:
- Should be tested, showing profits for a period of 1 month before departure;
- Should not display an error message;
- Must be economical in relation to resources and not commit malicious acts;
- Must give profits for a period of 1 week before departure;
- If the inability to use tool MT4, Adviser to be checked for a week at the Demo Account;
- Must carry at least one transaction for the duration of the tour.
Sent an updated version adviser is considered a new adviser.
Advisors should be received no later than one week before departure.
If the aforementioned requirements adviser excluded from the list of participants.
If at the end of the tour adviser shows a loss of more than 80%,
he will forever be excluded from participation in the contest.
For each participant will create a mini-bill of 100 rubles. in DTS iPForex.
In currency trading, the following pairs: EURUSD (Spread 4
points), GBPUSD (5-point spread), USDCHF (5-point spread), USDJPY
(Spread 4 points), AUDUSD (5-point spread), NZDUSD (5-point spread),
USDCAD (Spread 5 points).
The minimum lot is 0.01, which is equivalent to 0.0001 Lot for
ordinary accounts. So cost per item, the minimum lot of direct
quotations dollar is 0.1 cents. According to the participant gains can
be reinvested at his expense for the next round. Published account
numbers, passwords and invest, the last change after each round.
Restriction on the first tour of 10 participants (counselors).
The winners of each round are determined by percentage of funds in
the account party in the early rounds to the end of the tour. In the
event that at the end of the tour is open positions, Adviser
automatically transferred to the next round.
The amount of gain sostalyaet:
- 1 st place: 30% of the amount of profits of all the participants for round;
- 2 nd place: 20% of the amount of profits of all the participants for round;
- 3rd place: 10% of the amount of profits of all the participants for round;
The rules may specify further.
Start the first round of 13 October, 2008.
Is it Google translater?:)
Sorry, i have not enough time, so maybe i'll connect friends at work to do translation)
Or if there all clear I can just answer questions.
By the way, there are 3 participants in future 3rd round (3-7 Oct.).
A survey is conducted in the context of the evolution of Expert Advisors.
Less than 2 minutes are needed to complete the form.
You will be automatically registered in a draw for an iPhone 16GB.
The results may be published on MorningNews.com & FinancialTimes.com
Sorry, people, i didn't find time to translete yet. The 8th tour of competition will start 1st December. Experts are received till November 24. If someone has questions i'll try to answer here. Or you can ask me by ICQ463844519.
If everything will be ok, Demo-tour in August and real-tour with best EAs in September - December.
First week of 25th tour:
Now "Competition" works here: forfrx.com.
I can place Your EA in that service and than in shop with 50/50 conditions.
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